| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 21.53 | 2.2% | 12.3% |
| Total Income | 21.53 | 2.2% | 12.3% |
| Expenditure | 13.25 | 35.3% | 46.5% |
| PBT | 8.28 | 1280.0% | 248.4% |
| Net Profit | 6.47 | 837.7% | 245.1% |
| OPM | 38.47% | 35.64pp | 67.59pp |
| NPM | 30.04% | 26.77pp | 53.29pp |
| EPS | 0.95 | 850.0% | 239.7% |
Princeton Bancorp Reports Q3 2025 Net Income of $6.5 Million
04 May 2026 · 4 May, 8:39 am
Summary
Princeton Bancorp announced its third quarter 2025 results, reporting a net income of $6.5 million, or $0.95 per diluted common share. This compares to a net loss of ($4.5) million, or ($0.68) per diluted common share, for the third quarter of 2024. The net interest margin increased to 3.77%, a 23-basis-point increase compared to the second quarter of 2025. Total assets decreased to $2.23 billion, and non-performing assets decreased to $16.7 million. Net interest income increased by $2.5 million compared to the third quarter of 2024.
Key Highlights
- 1
Princeton Bancorp reported a net income of $6.5 million for the third quarter of 2025.
- 2
Earnings per diluted common share were $0.95 for Q3 2025.
- 3
The net interest margin increased by 23 basis points to 3.77% compared to the prior quarter.
- 4
Total assets were $2.23 billion at September 30, 2025, a decrease of $111.1 million compared to the end of 2024.
- 5
Non-performing assets totaled $16.7 million at September 30, 2025, a decrease of $10.4 million compared to December 31, 2024.
- 6
Net interest income was $19.6 million for the third quarter of 2025, an increase of $2.5 million compared to the third quarter of 2024.
Management Comments
Edward Dietzler
The Bank achieved strong quarterly results, with a net income of $6.5 million and an EPS of $0.95. These results were driven by a 23-basis-point increase in the net interest margin to 3.77%, as compared to the prior quarter, reflecting improvements that were driven by higher asset yields and a reduction in funding costs.
Informational and educational content only. Not investment advice.